StockWatch
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Gas Transmission/Marketing
Dividend21 May 2026, 07:33 pm

GAIL India: No Deviation in Debenture Proceeds, Final Dividend @ 5%

AI Summary

Gail (India) Ltd reports no deviation in the use of proceeds from listed non-convertible unsecured debentures, in compliance with SEBI regulations. The Board has recommended a final dividend of 5% (₹0.50 per share), pending shareholder approval. Audited financial results for the quarter and fiscal year ended March 31, 2026, with an unmodified opinion from joint statutory auditors, were approved at a board meeting held on May 21, 2026. The meeting concluded at 5:30 PM after commencing at 2:30 PM.

Key Highlights

  • No deviation in the use of debenture proceeds as per SEBI regulations.
  • Final dividend of 5% (₹0.50 per share) recommended, subject to shareholder approval.
  • Audited financial results for Q4 and FY26 approved with unmodified audit opinion.
  • Board meeting held on May 21, 2026, to approve financial results and dividend.